Based on the technical analysis and news sentiment, here's the prediction for BlackRock (BLK) for next week:
Technical Analysis
News Impact
Price Prediction for Next Week Target Prices:
Trading Recommendation: HOLD
The price of BLK is predicted to go up -14.09%, based on the high correlation periods with CX. The similarity of these two price pattern on the periods is 95.13%.
BLK
CX
Year
BLK Price Forecast($)
Potential Return(%)
2025
1,025.840
0.490
2026
1,250.000
22.450
2027
1,000.000
-1.710
2028
1,500.000
46.940
2029
1,450.000
43.180
2030
1,500.000
48.110
BlackRock is the largest asset manager in the world, with $10.473 trillion in AUM at the end of March 2024 and clients in more than 100 countries.
Product diversity and a heavier concentration in the institutional channel have traditionally provided BlackRock with a much more stable set of assets than its peers.
BlackRock's well-diversified product mix makes it fairly agnostic to shifts among asset classes and investment strategies, limiting the impact that market swings or withdrawals from individual asset classes or investment styles can have on its AUM.
Morgan Stanley
Price Target
$1,261 → $1,275
Upside
+28.05%
Wells Fargo
Price Target
$1,155 → $1,175
Upside
+18%
Deutsche Bank
Price Target
$1,215 → $1,275
Upside
+28.05%